UAE keen to invest in Indonesia's sugar industry: ministry

Published Aug 2, 2021

Tridge summary

The United Arab Emirates (UAE) is interested in investing in Indonesia's farming sector, particularly sugarcane plantations and the sugar industry, according to the secretary general of the Agriculture Ministry, Kasdi Subagyono. The Ministry is prioritizing providing opportunities and support for business in the farming sector to attract investor interest. The Job Creation Law offers a business licensing mechanism using a risk-based approach and assists entrepreneurs in business development. The farming sector in Indonesia has remained resilient and shown positive growth during the COVID-19 pandemic, with the highest growth of 16.24% in the second quarter of 2020.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Jakarta (ANTARA) - The United Arab Emirates (UAE) has expressed interest in investing in Indonesia's farming sector, specifically sugarcane plantations and the sugar industry, secretary general of the Agriculture Ministry, Kasdi Subagyono, informed on Monday. "We have several offers, like from the United Arab Emirates, where they are offering to develop their business in Indonesia related to sugarcane plantations, then sugar industry, and its derivative industries," he said during a discussion on the ease and acceleration in conducting business in the farming sector post the job creation law. One of the Agriculture Ministry's priorities is to provide an opportunity for and support the conduct of business in the farming sector to attract investor interest, he added. The Job Creation Law offers a business licensing mechanism using a risk-based approach, he noted. This approach provides risk analysis to potential investors and also assistance in business development ...
Source: Antaranews

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.